NAI Alliance Investment Market Report - Fourth Quarter 2012

NAI Alliance has recently posted its Fourth Quarter 2012 Investment Market Report.  While the overall theme was flat to slow growth, the Northern Nevada market has seen some bright spots during the slow, yet steady, recovery.

An upward trend in transaction volume in Washoe County has been occurring since the low water mark of Q1-2009.  Much of this has to do with taxes, both of our neighboring state(s) and federally, being the primary factor for the rapid increase in recent transaction volume in our region.

With new business such as Apple, Biz Chair, and Alfa Aesar moving in, as well as a continued commitment to Northern Nevada by the likes of Henry Schein, Trex, Hamilton Company, Sanofi and others mean that the region is stabilizing and showing conservative signs of growth. 

To read the full Investment Market Report, including vacancy rate data and in-depth thoughts on the California to Nevada shift, click here.

 

Michael Schnabel of NAI Alliance, Chosen To Participate as a Judge for the Upcoming Project Vesto Competition!

Project Vesto is a next-generation business competition designed specifically for Nevada by Nevadans. Competitors pitch experienced investors, select the finalists and then the public votes to select the winner through their social media outlets. The winning team will receive $100,000 in cash to start their Nevada business. This is a program organized by NIREC and sponsored through the Nevada Governor’s Office of Economic Development. The submission round ended on December 31 and received an overwhelming amount of submissions, 232 in total, from across the greater Nevada area.  The pitches will be 5-minutes followed by 5-minutes of question and answer in front of a panel of experienced investors. No projector, no PowerPoint, no Prezi, no Keynote and no set up time.  Michael Schnabel spearheads the Investment Services Group at NAI Alliance.  Michael is a Founding Partner and Managing Member at Development ARTS and was a Founding Partner and Managing Member of Blackfire Real Estate Investors.  Michael is an active Angel Investor in Northern California and Northern Nevada with investments representing a diverse portfolio of companies. For more information about the competition please check out www.ves.to